Gold is already sitting near a market value of $38 trillion 👀 This is almost twice China's GDP 🚸 From now on, any further movement in gold will require disproportionately larger liquidity. Central banks are not naive enough to expose themselves to a single asset of this size 👀 To give an idea, the total global GDP is about $126 trillion 👀 If you believe that gold will reach $15,000 from here, you're essentially saying that gold will require more liquidity than the entire world's economic output 👀 Will banks start adopting Bitcoin as usual? $PAXG
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Why are banks starting to get rid of gold? 🧐
Gold is already sitting near a market value of $38 trillion 👀
This is almost twice China's GDP 🚸
From now on, any further movement in gold will require disproportionately larger liquidity. Central banks are not naive enough to expose themselves to a single asset of this size 👀
To give an idea, the total global GDP is about $126 trillion 👀
If you believe that gold will reach $15,000 from here, you're essentially saying that gold will require more liquidity than the entire world's economic output 👀
Will banks start adopting Bitcoin as usual? $PAXG